Rivian shares fall after EV maker slashes production forecast, misses Q3 delivery expectations
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Business - Inc.
Spirit Airlines Shares Plunge on Potential Bankruptcy Filing
The budget carrier has lost more than 85 percent of its value since it failed to merge with JetBlue Airways earlier this year.14 minutes ago -
Business - CNBC
Rivian shares fall after EV maker slashes production forecast, misses Q3 delivery expectations
Rivian produced 13,157 vehicles at its manufacturing facility in Normal, Illinois, and delivered 10,018 vehicles during the same period.23 minutes ago -
Business - CNBC
Ubisoft shares skyrocket 33% after report Tencent, Guillemot family considering buyout
Ubisoft shares surged 33% Friday after a media report that Tencent and the firm's founding Guillemot family are considering a potential buyout of the company.35 minutes ago -
World - The Guardian
More than 100 people missing after being forced off boats in Djibouti
Nearly 50 people dead and 108 unaccounted for after smugglers apparently force passangers into the water. More than 100 people are still missing after smugglers apparently forced migrants to leave ...52 minutes ago -
World - The Guardian
Dollar strengthens after US beats forecasts with 254,000 new jobs in September – as it happened
Rolling coverage of the latest economic and financial news. US adds over 250,000 jobs in September, defying fears of slowdown The pound jumped as traders reacted to Huw Pill’s call for a ...1 hour ago -
Business - CNBC
GM halts production at two major U.S. plants due to Hurricane Helene
In a message to workers, GM said the company was working with impacted suppliers "to resume operations as quickly and safely as possible."1 hour ago -
Business - CNBC
10-year Treasury yield soars after jobs report blows past expectations
In Friday's report, nonfarm payrolls grew by 254,000 in September, significantly exceeding economists' expectations.1 hour ago -
Business - MarketWatch
Rivian’s stock sinks as parts supply shortage leads to big deliveries miss
Rivian’s stock took a dive Friday, after the electric vehicle maker said it was experiencing a supply shortage, prompting a cut to its full-year production guidance.2 hours ago -
World - The Guardian
EU leaders back extra Chinese EV tariffs despite split vote
Decision opposed by five countries including Germany, where car firms say it could be ‘fatal’ blow for industry. Carmakers ramp up pressure on chancellor for EV sales subsidies EU leaders have ...3 hours ago - European Union -
Top stories - CBS News
Employers added 254,000 jobs in September, blowing away forecasts
Wall Street is watching the labor market for signs of slower hiring, which could influence the Federal Reserve's next rate decision.3 hours ago -
World - The Guardian
Conker players forced to freeze seeds after UK storms bring early fall
About 250 people do battle at Conker World Championships in Northamptonshire on Sunday. Contestants gearing up for this year’s conker tournaments have been forced to freeze the seeds they use to ...4 hours ago - United Kingdom -
Business - The Wall Street Journal
EU to Move Ahead With New Tariffs on Chinese-Made EVs
The bloc approved import fees of up to 45%, defying pleas from some European auto executives who fear retaliation from Beijing.4 hours ago - European Union -
World - The Guardian
At least 78 dead and dozens missing after ferry disaster in DR Congo
Overcrowded boat on Lake Kivu capsizes as it was about to dock near Goma, with death toll likely to rise significantly. At least 78 people have drowned and many more are missing after a boat ...6 hours ago -
Tech - Wired
25 Best Early Prime Day Deals on Products We’ve Tested (2024)
Amazon’s Prime Day sale runs on October 8 and 9, but we’ve already spotted best-ever prices on products we’ve tested and loved.6 hours ago -
Business - CNBC
Waymo to add Hyundai EVs to robotaxi fleet under new multiyear deal
On-road testing with Waymo-enabled Ioniq 5s will begin by late 2025, and they are expected to become available to robotaxi riders in the following years.6 hours ago -
Business - The Wall Street Journal
Tussle for Control of Korea Zinc Sends Shares Higher
Shares of the Seoul-based nonferrous-metal producer closed 8.8% higher, outperforming the benchmark Kospi’s 0.3% gain.7 hours ago -
Business - The Wall Street Journal
Springer Nature Shares Jump in Stock Market Debut
Shares of the publisher rose as the company started trading on the Frankfurt Stock Exchange.8 hours ago -
Business - The Wall Street Journal
Norwegian Air Shuttle Warns on Costs as Boeing Delivery Delays Drag On
The low-cost carrier will prioritize cost-saving measures as a strike at Boeing further delays deliveries of new aircraft.9 hours ago -
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Business - The Wall Street Journal
Asian Shipping Stocks Fall After U.S. Port Workers Suspend Strike
Shares of Asian shipping companies fell sharply after U.S. port workers suspended a three-day strike, dashing hopes for higher freight rates as a result of limited supply.11 hours ago -
World - ABC News
Dozens of migrants still missing off Djibouti's coast after smugglers forced them out of boats
Rescuers are searching for dozens of migrants from Africa still missing after smugglers apparently forced them out of two boats in the Red Sea off the coast of Djibouti earlier this week15 hours ago -
Business - Financial Times
UK drivers have ‘no fiscal incentive’ to buy EVs, warn carmakers
Industry calls for tax cuts to boost market in open letter to chancellor Rachel Reeves17 hours ago - United Kingdom -
Tech - VentureBeat
XenTag: Changing the game for collectible products
CONTRIBUTOR CONTENT: XenTag is providing brands and creators with a unique solution to break creative barriers and introduce superior, limited-edition products into their product lines. After ten ...18 hours ago -
Business - The Wall Street Journal
What Products Will---and Won't---Be Affected by Ports Strike
Dockworkers move bananas and BMW parts into the country, but 85% of toilet paper is made domestically.18 hours ago -
World - ABC News
Libya to resume oil production at two of its major fields
Libya's National Oil Corporation has announced that crude oil production will resume at two of its major fields, where operations stopped in August amid tensions between the country's dueling ...19 hours ago -
Top stories - NBC News
Drone deliveries, slow to take flight, come to Silicon Valley
The hype around drones may finally be starting to deliver.20 hours ago -
Top stories - CBS News
Why mortgage rates rose after initially falling
Mortgage rates dropped after the Fed's interest rate cut announcement in September. Although rates appear to have slightly risen since dropping to a record two-year low, experts still believe they ...20 hours ago - Mortgage -
Business - MarketWatch
10-year Treasury yield ends at highest level since August after better-than-expected ISM data
U.S. government debt sold off on Thursday, pushing 10- and 30-year yields to almost five-week closing highs, after data showed the economy’s services side grew last month and businesses remained ...20 hours ago -
Business - Inc.
Silicon Valley Is Getting a Sweet New Treat: Drone Delivery
The startup Matternet has expanded the sky-based service it began piloting this summer in the South Bay.23 hours ago -
Business - Inc.
Helene Destroyed a Town That’s the Source of Quartz for Most Tech Products
Spruce Pine, North Carolina, is known for producing the high-quality mineral used in most computer chips, solar panels and fiber optics. It was largely flattened by floods after the storm.23 hours ago -
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World - Financial Times
Libya restarts oil production after political crisis
Resumption helps allay concerns over potential disruption from Middle East conflictYesterday -
World - The Guardian
Pound on track for biggest fall in 18 months after Bank of England governor hints at ‘more activist’ rate cuts – business live
Andrew Bailey tells the Guardian the Bank could become a “bit more aggressive” in cutting interest rates if news on inflation continued to be good. Full story: Sterling slips after Bank of ...Yesterday -
Business - Financial Times
Why I stopped making election forecasts
The shocks of recent times have shown the rational voter is a mythYesterday -
Business - Financial Times
Labour donor expects honour after backing party, wife claims
Lawyers for Kate Vince tell court that Dale Vince is trying to finalise divorce in ‘haste’ to prevent her acquiring titleYesterday -
Business - CNBC
Ford's third-quarter sales up 0.7% as GM overtakes it in EVs
Ford on Wednesday reported a 0.7% increase in third-quarter U.S. new vehicle sales, including a 12.2% increase in EVs compared to a year earlier.Yesterday